For trends I use moving averages with my personal setup (nothing special) between the red line and the blue line is the dynamic support area (Red arrows) I recommend must wait for the retracement to this zone for a better entry, I do not use a mechanical system with Indicators and Oscillators, the methodology is discretionary this gives me freedom to expose my...
For example this idea is for swing traders and is based in price action and the concept that support becomes resistance look how the price broke the support line around 40.50 and how it tested the new resistance line I think the idea is clear, I don't feel like paraphrasing The (Red arrows) are my new assistants, they speak for me The price target, I leave it...
Some people have problems with the idea and concept of short selling stocks and others think that is illegal and immoral. From my point of view I only focus in the technical aspects, in the case of short selling the concepts are rotated 180 degrees For example to buy stocks the ideas I publish are based in resistance becomes support Here it happens backwards,...
Between NYSE and NASDAQ there are approximately 6390 Listed companies. I follow 1300 approximately, distributed in 10 industries, with different market cap (Small-cap, Mid-cap, Large-cap) The majority of Investors do not spend their time looking hundreds of stock charts, because they are busy people and they prefer a summary of ideas, some have preference for...
The last time I publish a short selling Idea was in February 9-2018 And now this kind of opportunities are scarce, because the whole market is bullish and you can not sell short stocks only because the Dow Jones had a bad week But I like the process of search because I spend hours searching in my watch-list only to find a few ideas Now go to the technical aspect...
There is a before and after in modern history when it comes to stock market Indexes because between 2007-2008 all the stock market hit a new high before drop Then this highs become the reference for all the stocks who drop with the index Then look around March 2009 when the stock market rebounded and the major companies started to show strength (Except the...
This is about making money This is not about find emotions and be the more Intelligent An idea do not need to be plenty of lines and indicators that do not let see the price And the more important to accept that I can not control the price because I draw lines. With a price action mentality I accept that I am one step behind the price and that I'm just an...
This idea match for the requirements of resistance becomes support, plus a bullish stock, (Trend Following) but the timing is not exact now, the ideal entry was 3 weeks ago (3rd red arrow) This does not mean that you can not entry, but not today, you need to wait for the next price retracement for this reason I use the red moving average as a visual referent point...
Above 2007-2008 highs For traders they only need to wait for a retracement and go with the trend. For positions traders they need to determine if the price of the stock is too high compared with the PE Ratio and this is not my field, I'm not the one who decide Technical Analysis only provide good entry points This and the majority of my ideas need the support of...
Resistance becomes support (Red arrows) The new support was tested 2 times by the price which gives more validity to the concept that resistance becomes support Pattern recognition: I follow 1300 companies approximately and spend hours searching in my watch-list, from Basic Materials to Transportation Companies. When I recognize a pattern it does not take more...
I give importance to two things * First: Weekly Charts * Second: the years that it took the price to broke the resistance (4 Years and 6 months) And to this I add the way that the price broke the resistance line (an overnight Gap) Not visible from the weekly chart but represented by a big green candle (red circle) This idea meets this requirements: Resistance...
Same concept again but in this case the gap is not visible from the daily chart. Now is Friday night. I am an end of day Analyst and y support my ideas from weekly charts and this mean I need the closing Friday prices to do my analysis, given the relevance of the weekly charts logically I also do analysis during the week because I need a confirmed weekly breakout...
Same concept but with different company name because I not publish a stock symbol twice. But in this case the gap is visible from a weekly chart and this is no first time I publish this type of ideas and write the same things, because is the same Resistance breakout + Bullish gap I share a variety of companies trading at different stocks prices with different PE...
Look the red circle and do not conceptualize about the name of the pattern you only need a trained eye look only the last 2 candles (the long lower shadow + the big green candle) Not overthink, for not overthink you need a trained eye then look this, with only one horizontal line I try to present the idea remember that I work with the concept that resistance...
This is no first time I publish this kind of idea but with a different company name Because the main method that I use is based in support and resistance and when a resistance is broken by a overnight gap, it's very significant. A stock gap is very relevant for better or worse, but in this case is in favor of the trend, Have to take into account the graphic in...
For example I sharing this idea now and you are reading this now, you quickly get the idea, without me having to persuade you, because that would put me like a used automobile salesperson position, trying to convince you, to buy shares of this company. The broker is not paying me a commission, for convince untrained traders that this is a good idea only because I...
This stock is in a clear trend and even 2 months ago broke a resistance level above 40.00 with a overnight gap that was filled completely and the gap is now working like a support (look the daily chart) www.tradingview.com Now there are a price consolidation above the 40.00 level, wait a pullback for a better entry price. This kind of idea need to be watched...
Why I bet for a resistance breakout, if there is not happen yet and that puts me in a position of fortune-teller Since I have as a rule to publish confirmed, resistance breakout and there is not happen yet But I not making a stock market prediction I am in the now and I am a trend follower with a price action orientation and I work and interpret the info that...